$10,500,000
First time on the market! Rare 21-unit, condo-quality investment in Mission Hills. Massive upside potential: current rents are ~ $1,000 below market per unit. 16 garages could be converted to additional units (subject to approvals), or the building can be fully renovated and repositioned for market rents. Tenants enjoy gated access, 15 open parking spaces, 16 garages, central AC/heat, private balconies/patios, 20 working fireplaces, elevator access, on-site laundry, and four community BBQ decks. Prime location at the end of Goldfinch Street in the heart of Mission Hills—strong rental demand, excellent long-term appreciation, and an immediate opportunity for a value-add investor to maximize income.
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Listed by Mark Morgan with South Coast Commercial, Inc. (619) 226-6011
Property Type
Mixed Use
Status
Active
MLS Number
260006443SD
Year Built
N/A
Lot Size
0.46 acres